The information contained in this page reflects brief news items submitted by individual unit owners regarding events/news within their unit.

Submissions for this page should be sent to Don Hale (Click on name and add your Unit # to end of subject line) for recording on this page.

Owner submissions received are published on Fridays.

PLEASE NOTE: If a SENDER does not want his/her EMAIL address posted with their unit submissions, please indicate this desire in the 1st line of text in the item submission message. SENDERs are responsible for the accuracy of the information supplied for each entry on this Web Page.

More than 170,000 claims poured in under the National Flood Insurance Program (NFIP) after hurricanes Katrina and Rita struck the Gulf Coast in 2005. The storms destroyed or made uninhabitable more than 300,000 houses and damaged or ruined many businesses, prompting five times more claims - at 10 times the cost - than any other flood since the program began in 1968.

The Federal Emergency Management Agency pays 88 insurance companies to sell and service flood insurance. About $2 billion a year in premium revenue from more than 5 million policies usually covers NFIP operating expenses and claims. The program can borrow from the Treasury Department to cover heavy loss years, and historically repays those funds.

But Katrina-Rita losses swamped the program with claims likely to total more than $20 billion, more than the $14.6 billion cumulative total paid between 1968 and August 2005. Congress in March 2006 boosted the program's borrowing authority from $1.5 billion to $20.8 billion, an amount NFIP is unlikely to be able to repay while also covering future claims, according to the Government Accountability Office.

Despite the unprecedented scope of Katrina-Rita damage, GAO in December 2006 (GAO-07-169) found that NFIP had successfully closed 92 percent of Katrina claims and 86 percent of those from Rita by March 2006.

The report quotes an NFIP contractor: "A month after Hurricane Katrina, our adjusters couldn't get to flooded properties because roadways were blocked and houses were contaminated by flood-waters. . . street signs were washed away and houses were piled on top of one another. . . . Contact with claimants was in some cases impossible because they were scattered across the country and relocating frequently. . . . Claimants' files at local insurance agencies, mortgage records and other documents were gone in the flood." .

This Government Executive article is located at http://www.govexec.com/features/0207-01/0207-01buzz.htm

SENDER	EMAIL	SUBJECT	POSTING DATE
Diane Kidwell	Secretary@port-trinitie.org	Insurers to Hike Rates for Homes on Coast".	January 27, 2007

From the North Carolina edition of THE DAILY ADVANCE.

"Homeowner insurance premiums will rise by 25 percent along the coast this year as a result of the rising cost of homes, higher repair costs and a recent history of severe damage from storms, state (N. C.) Insurance Commissioner Jim Long said. The new rates, which take effect May 1, are the result of a settlement between the insurance industry and the State Department of Insurance."

If any owner in Port Trinitie would like to sell his/her share(s) contact Sheila Deane in Spinnaker #4. Sheila has several contacts who are interested in purchasing shares in Port Trinitie. Sheila can be reached via EMail at Unit4@port-trinitie.org.

The ability of the Port Trinitie membership and visitors to communicate with a Unit House Representative (HR) or a member of the HR Committee via EMail has been enhanced by the established of a common EMail address protocol.

There will be no EMail for Units 1, 9, 12 or 417 as the unit HRs either do not have a computer or the HR prefers not to communicate via EMail.

The HR EMail Address will have the following format:

Unit4@port-trinitie.org {for the HR in Spinnaker Unit #4}; and

Unit101@port-trinitie.org {for the HR in SkipJack Unit 101}; and

Unit414@port-trinitie.org {for the HR in Home 414}.

No leading zeros are used with the unit number; a "#" sign is not used in the address; and ensure trinitie is spelled with three "i" .

The HR Committee and new HR addresses are posted on the HR Organization Chart found on Page 14 (Port Trinitie House Representatives Organization Chart (08/11/06)). If you wish to print this chart you will need to set landscape mode in your browser printer properties

The Property Manager has issued the 2006 Property Usage Memo which can be found in each unit and on Page 15 of this site. Owners bringing pets, boats, or jet skis to Port Trinitie should read the Memo regarding the established Port Trinitie and State of North Carolina restrictions.

OFF-SEASON: There is one weekly Trash and Recycle pickup early on Monday Mornings.

IN-SEASON: Trash is picked up twice weekly on Monday and Friday Mornings. For the recycling, the Town of Duck handles this activity and the Blue Recycle Bins need to be out no later than 5:00 am on Mondays year round. See the lid of the Blue Recycle bins for what is classified as "recycle".

Unit occupants are encouraged to have their Trash and/or Recycle out the night before or by 05:00 AM since the trucks come very early in the morning. Port Trinitie maintenance people will put Trash/Recycle bins out for pickup and return them to the appropriate area when empty.

An Adirondack Chair was removed from the Oceanview deck of Unit #4. If found, please return to the Unit #4 Oceanview deck and EMail Don Hale (click on name below) so that the Unit #4 owner can be notified. Thanks